SpaceX Eyes Starlink Mobile Phone Service to Challenge Verizon, AT&T, and T-Mobile 
Asian Stocks Sink as Apple Price Hikes Spark AI Valuation Fears, South Korea and Japan Lead Selloff 
Wall Street Ends Lower as AI Stocks Drag Markets, Fed Rate Outlook Shifts 
Gold Drops Below $4,000 as Strong US Dollar and Fed Rate Hike Expectations Pressure Bullion 
Australia Jobs Growth Strengthens Rate Hike Outlook 
Iran Attack in Strait of Hormuz Pushes Oil Prices Higher 
BOJ Hawk Signals Faster Interest Rate Hikes Amid Inflation Risks 
Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer 
Bank Regulation Rollbacks in the U.S. and UK Could Increase Financial Risks, Study Warns 
Australian Household Spending Rebounds Strongly in May as Travel and Dining Drive Consumer Growth 
US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated 
Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers 
South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks 
South Korea’s KOSPI Jumps Over 5% as Samsung, SK Hynix Rally on Micron Earnings Boost 
Oil Prices Drop as Strait of Hormuz Shipping Recovers 
Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns 
U.S. stock futures edged higher on Monday night, extending Wall Street’s strong start to February as optimism around technology and semiconductor stocks continued to drive market sentiment. Investors are now bracing for a critical week of earnings from megacap companies that could influence near-term market direction.
By late evening trading, S&P 500 futures climbed 0.3% to 7,020.75 points, while Nasdaq 100 futures advanced 0.5% to 25,972.75 points. Dow Jones futures were also modestly higher, up 0.1% at 49,554 points. The gains followed a solid regular session on Monday, during which the S&P 500 closed near record highs, highlighting resilience in U.S. equities despite recent bouts of volatility.
Much of the momentum has been fueled by renewed strength in artificial intelligence-related stocks and semiconductor shares. Continued optimism around long-term demand for AI computing power, cloud infrastructure, and advanced chips has supported valuations across the technology sector. Investors remain focused on whether corporate earnings can justify elevated expectations tied to AI investment and growth.
The earnings calendar is packed with closely watched reports that could set the tone for markets in the days ahead. Advanced Micro Devices is scheduled to report results on Tuesday after the market close, with particular attention on demand for its AI-focused chips. Alphabet will release earnings on Wednesday, followed by Amazon on Thursday, putting advertising trends, cloud computing growth, and consumer spending firmly in the spotlight.
These reports come after a mixed market reaction to Microsoft’s earnings last week. While Microsoft delivered solid headline results, its outlook and commentary on cloud growth and heavy AI investment raised concerns about the timing of returns, prompting some profit-taking in technology stocks.
After the closing bell on Monday, Palantir Technologies shares surged roughly 7% after the company posted quarterly results that exceeded expectations, signaling sustained demand for its AI-driven platforms across both government and commercial customers.
Beyond earnings, investors are monitoring developments in Washington, where lawmakers are working to resolve a partial U.S. government shutdown. The funding lapse has delayed key economic releases, including the January jobs report, adding another layer of uncertainty as markets assess the outlook for interest rates and Federal Reserve policy.
